We’ve been a leader in acquiring life and accidental death and dismemberment insurance for people with dangerous hobbies and dangerous careers for years and recently we helped a crab fisherman from Alaska get $100,000 in coverage, something that he and his girlfriend had kind of written off assuming no one would do it. For us and the underwriters with Lloyds of London there wasn’t a huge leap in risk assessment to get from civilian contractors in war zones and serious mountain climbers to people who freeze their rears off supplying the rest of us with awesome chunks of crab meat.
Having been a fan of Deadliest Catch for several years we’ve wondered how many people in the industry actually carry life insurance or even accidental death and dismemberment specific to their jobs. For the same reason as the fisherman we recently insured we expect the number is fairly low and because it’s been anointed one of the most dangerous jobs in the world, we expect those who have found coverage probably don’t carry sufficient amounts to replace their hard earned income. But, when $100,000 only runs about $100 a month and doesn’t just cover fishing, but all accidents on or off the job, 24 hours a day, realistic amounts of coverage start coming into focus. And by covering all accidental deaths we’ve got you covered with insurance on the job or flying into the bush to hunt or just driving the moose crowded highways on the way to Fred Meyers.
Whether it’s crab fishing or, like an inquiry we received today, oil field workers in the Kurdish northern area of Iraq, covering that work related risk with insurance should just be common sense. But one of the things we’ve found over and over is that it just isn’t looked into because people in these occupations really don’t believe anyone will insure them. And, in the case of traditional life insurance, the Met Lifes, Prudentials, New York Lifes and State Farms, that is absolutely the case. If they did agree to cover the risk it would be at such an exorbitant premium that, even with the high pay, it would be a budgetable expense.
So, let’s just call it a question worth asking. There is coverage available for virtually any occupation or hobby and most of our clients are pleasantly surprised at the price. If you have questions or need quotes you can call or email us. Keep in mind that in most cases coverage can be applied for and put in force wherever you have access to a computer or a fax. Let us help you.
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